To address housing deficit in the country, the Chief Executive Officer of Michline Property Investment and Solutions Ltd., Oladiti Olufemi, has urged the government and private sector to collaborate in providing affordable housing for Nigerians.
Olufemi also lamented the spate of housing collapse, saying: “There are quacks in the industry.” He lauded the government’s efforts at checking collapse by establishing the building control unitto examines every project from beginning to end stages. Olufemi said the estate would be fully serviced, with commercial and residential sections, adding that it is located on a dry land, with good road network, security, drainage, streetlight, perimeter fence and other facilities
“Due diligence is that you go to the land, know what document governs this land and you approach the necessary government agencies to verify those lands and documents. At Michline Court, we always go ahead to secure the Certificate of Occupancy that governs this land.
Federal Mortgage Bank indicate a deficit of at least 28 million housing units. There is an untapped revenue for investors to take advantage of. And this is the right time for as many looking for what to invest in to invest in the Real Estate with No risk and inflation proven
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Source: GuardianNigeria - 🏆 1. / 94 Read more »